Jim Cramer Said DoorDash, Inc. (NASDAQ:DASH) Was Shorted On Uber Which Was A Bad Trade
CNBC host Jim Cramer discussed DoorDash (DASH) during earnings season, saying some traders shorted DoorDash on Uber overlap and that trade was unfavorable. DoorDash shares rose 2.9% Aug 6 after Q2 results. Q2 revenue grew 36% to $4.45B, orders $970M, GOV $33B. Operating cash flow and free cash flow rose 87% to $944M and 109% to $742M, while GAAP net income fell 30% to $200M.






